Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,765
Federal tax deduction
- $2,725
Provincial tax deduction
- $1,028
CPP deduction
- $984
EI deduction
- $328
Total tax
- $5,065
Net pay
* $15,700
Marginal tax rate
31.9%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
$15,700
Net pay
$1,443
Tax the employer pays
$5,065
Tax you pay
Total tax paid
$6,509
Did you know your employer also pays tax on your salary? It costs the employer $1,443 to pay you $20,765. In other words, every time you spend $10 of your hard-earned money, $3.13 goes to the government.
Real tax rate
29.3%
So, with you and the employer both paying tax, what used to be a 24.4% tax rate now rises to 29.3%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $20,765 a year living in the region of Ontario, Canada, you will be taxed $5,065. That means that your net pay will be $15,700 per year, or $1,308 per month. Your average tax rate is 24.4% and your marginal tax rate is 31.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $31.87, hence, your net pay will only increase by $68.13.
Bonus Example
A $1,000 bonus will generate an extra $681 of net incomes. A $5,000 bonus will generate an extra $3,407 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,576
20.2%
1
British Columbia
CAD 16,218
21.9%
2
Nunavut
CAD 15,950
23.2%
3
Ontario
CAD 15,700
24.4%
4
Northwest Territories
CAD 15,580
25.0%
5
Yukon
CAD 15,565
25.0%
6
Newfoundland and Labrador
CAD 15,036
27.6%
7
Nova Scotia
CAD 15,018
27.7%
8
New Brunswick
CAD 14,899
28.2%
9
Prince Edward Island
CAD 14,822
28.6%
10
Alberta
CAD 14,783
28.8%
11
Saskatchewan
CAD 14,685
29.3%
12
Manitoba
CAD 14,627
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,765
0.0%
1
Ireland
CAD 20,617
0.7%
2
Spain
CAD 19,446
6.4%
3
Switzerland
CAD 19,311
7.0%
4
France
CAD 18,364
11.6%
5
Norway
CAD 18,255
12.1%
6
Russia
CAD 18,066
13.0%
7
Luxembourg
CAD 17,965
13.5%
8
Austria
CAD 17,655
15.0%
9
Italy
CAD 17,427
16.1%
10
Czech Republic
CAD 17,169
17.3%
11
Hungary
CAD 16,923
18.5%
12
Ukraine
CAD 16,716
19.5%
13
Germany
CAD 16,679
19.7%
14
Greece
CAD 15,838
23.7%
15
Sweden
CAD 15,713
24.3%
16
Poland
CAD 14,996
27.8%
17
Portugal
CAD 14,335
31.0%
18
Finland
CAD 14,139
31.9%
19
Belgium
CAD 14,091
32.1%
20
Denmark
CAD 13,886
33.1%
21
Netherlands
CAD 13,067
37.1%
22
Romania
CAD 12,148
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,341
11.7%
1
Canada
CAD 15,700
24.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,890
4.2%
1
Hong Kong
CAD 19,727
5.0%
2
Thailand
CAD 19,201
7.5%
3
Taiwan
CAD 18,928
8.9%
4
South Korea
CAD 18,107
12.8%
5
Pakistan
CAD 18,043
13.1%
6
Malaysia
CAD 17,669
14.9%
7
New Zealand
CAD 17,656
15.0%
8
Indonesia
CAD 17,604
15.2%
9
Philippines
CAD 16,884
18.7%
10
Japan
CAD 16,830
19.0%
11
Singapore
CAD 16,617
20.0%
12
Kazakhstan
CAD 16,471
20.7%
13
Vietnam
CAD 15,958
23.2%
14
India
CAD 15,020
27.7%
15
China
CAD 14,692
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,907
9.0%
1
Guatemala
CAD 18,774
9.6%
2
Ecuador
CAD 18,652
10.2%
3
Costa Rica
CAD 18,585
10.5%
4
Colombia
CAD 18,572
10.6%
5
Panama
CAD 18,009
13.3%
6
Chile
CAD 16,969
18.3%
7
Mexico
CAD 16,963
18.3%
8
Uruguay
CAD 16,381
21.1%
9
Peru
CAD 16,137
22.3%
10
Brazil
CAD 15,855
23.7%
11
Argentina
CAD 13,488
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,869
14.0%
1
Mozambique
CAD 15,719
24.3%
2
Morocco
CAD 15,513
25.3%
3
Angola
CAD 15,348
26.1%
4
Kenya
CAD 15,241
26.6%
5
Ivory Coast
CAD 15,176
26.9%
6
Ghana
CAD 15,083
27.4%
7
Cameroon
CAD 14,381
30.7%
8
Nigeria
CAD 14,297
31.2%
9
Uganda
CAD 13,907
33.0%
10
Senegal
CAD 13,798
33.6%
11
Zambia
CAD 13,177
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,727
5.0%
1
Qatar
CAD 19,727
5.0%
2
Bahrain
CAD 19,104
8.0%
3
Oman
CAD 19,104
8.0%
4
Saudi Arabia
CAD 18,688
10.0%
5
Kuwait
CAD 18,481
11.0%
6
Israel
CAD 18,034
13.2%
7
Egypt
CAD 15,959
23.2%
8
Lebanon
CAD 15,837
23.7%
9
Turkey
CAD 11,612
44.1%
10
Show more
NOTE* Withholding is calculated based on the Ontario tables of Canada, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.